[Craic] MAJOR CANADIAN ISSUE…CONTINENTAL DRIFT

[Arthur Blomme]

Hi craicers

I Unfortunately didn't recieve a copy of Pauls response,.

I see the problem with this kind of analysis is that it ignores the role 
of class.  I have more in common with the bugalow boys than I do with 
the billionaire class in Canada who run our country.  Invoking our 
nationalist pride as Canadians seems to engender a divisive tribalism 
which camouflages  the crimes of the billionaire class.

It is the major hedge funds who control our future. The Shocking Amount 
of Money Vanguard and BlackRock Control, $17 trillion 
<https://moneyinc.com/shocking-amount-of-money-vanguard-and-blackrock-control/>

It seems that Peterson has the best analysis of our biggest current 
challenge.

Art


9:46 Now playing
<https://www.youtube.com/watch?v=nk9jvETVwNw>


      Jordan Peterson Finally Shares His Views On The Pandemic
      <https://www.youtube.com/watch?v=nk9jvETVwNw>

Christopher Scriven 
<https://www.youtube.com/channel/UCIadHNlEUXnJXDOFYJVSl9A>
•


On 1/18/22 5:34 p.m., MARTO HOARY via craic wrote:
> There is a model solution already established. The Canadians need to 
> learn to love and respect their dominant neighbors like the Irish love 
> and respect the British!
> Be independent and trade with the rest of the world, who really do 
> admire Canadians, starting with all Europeans.
>
> MARTO.
>
> On Tue, Jan 18, 2022 at 15:26 Rob Anderson via craic 
> <craic at lists.integralshift.ca> wrote:
>
>     Gentlemen,
>
>     At last Saturday’s discussion, we spent much time probing the
>     decline of investigative reporting and the drift of journalism and
>     media away from the local and to feeding from the hands of giant
>     conglomerates that have hollowed out, marginalized or even
>     silenced our former more trustworthy sources.
>
>     We might add that Canadians are now increasingly relying on Amazon
>     deliveries, Netflix movies, Google searches, Apple newsfeeds,
>     Facebook social networking, not to mention CNN, the NYT and the
>     Washington Post.
>
>     Our Canadian history and unique experience is being supplanted by
>     a “borderless” history that is actually becoming more American in
>     its story than Canadian. Issue by issue, those who use social
>     media are being influenced by online sources that are more likely
>     reflective of American issues, thought and political response than
>     Canadian such that the history and culture of the two nations are
>     being conflated much to Canada’s disadvantage.
>
>     Now we don’t often talk about financial investment in our worthy
>     discussions, yet we all have pension plans, TFSA accounts and RSP
>     accounts.
>
>     Crucial to the strength of our economy is that we have a
>     productive economy and not re-enter the “branch plant economy”
>     much criticized by Canadian progressives in the 60’s and 70’s and
>     the earlier “hewers of wood and drawers of water” critiquing image
>     that in the 1930’s Harold Innes borrowed from the Bible to
>     summarize Canada’s economic history.
>
>     With significant monies needed for Canada’s expanding social
>     justice agenda that features increased immigration, racial equity,
>     enlightened environmental policies, resolution of native
>     grievances, the need for adequate and affordable housing,
>     initiatives to address the ever growing wealth disparity not to
>     mention the massive bill accrued from the pandemic lockdowns and
>     healthcare costs etc, it might be time to discuss yet another
>     feature of this American hegemony and Canadian “drain” which never
>     draws much attention.
>
>     Check out below the report by the National Bank of Canada to note
>     where Canadian investment money is going.
>
>     Bottom line, to “coin” a term, our current Canadian approach to
>     news, sports, entertainment, current events, politics and, last
>     but not least, investment wealth is heading straight to the USA.
>
>     Can the centre hold?  Or more dramatically perhaps, can the
>     culture of Canada hold such that we can chart a course does not
>     feed us directly into the belly of that increasingly infamous
>     rough beast?
>
>     Bob
>
>     The National Bank report:
>
>     Canadians are shunning their domestic market and investing record
>     amounts abroad, according to National Bank of Canada Financial
>     Markets.
>
>     Net purchases of overseas securities by locals soared to $144.4
>     billion (US$799 million) in the first 11 months of 2021 --
>     shattering a previous record of $73.3 billion set in 2006, the
>     bank said, citing Statistics Canada. Canadians spent an all-time
>     high of $81.8 billion on U.S. securities.
>
>     “This is a big-time capital outflow, with Canadian investors
>     taking exposure to foreign markets like never before,” National
>     Bank chief rates and public sector strategist Warren Lovely wrote
>     in a note Monday.
>
>     “The apparent abandonment of Canada by domestic investors is part
>     of an overall capital bleed that needs redressing.”
>
>     The bank points to U.S. information technology companies as being
>     net beneficiaries of Canadian investment outflows.
>
>
>
>
>     Sent from my iPad
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